Multiple Choice
Match the following terms with their definitions.
-Insurer
A) Continual premium payments
B) Used when insured cancels
C) Blame doesn't matter in payoff
D) Periodic payment
E) Not optional
F) Combination of term and whole life
G) Result of a nonforfeiture value
H) Policyholder
I) Amount of insurance stated on the policy
J) Value of policy when terminated
K) Builds no cash value
L) Options when an insurance policy is terminated
M) One to receive face value of life insurance
N) Payment to insured from a loss
O) 80%
P) Pay for repairs to one's auto
Q) Amount insured pays
R) The insurance company
S) Fire, theft
Correct Answer:

Verified
Correct Answer:
Verified
Q25: The short rate cancellation table is used
Q26: The one named in the policy to
Q27: Match the following terms with their definitions.<br>-Comprehensive<br>A)Continual
Q28: Match the following terms with their definitions.<br>-Paid-up
Q29: The insurance required to meet coinsurance is:<br>A)80%
Q31: Find the following:<br> <span class="ql-formula"
Q32: If the insured cancels a fire insurance
Q33: Howard Hane had taken out a $130,000
Q34: Match the following terms with their definitions.<br>-Beneficiary<br>A)Continual
Q35: Jim Rivera bought a new car and